China's central bank said Tuesday that the nation's economy is set for a long period of deleveraging and elimination of excess capacity, and pointed out that the key will be to ensure a stable monetar ...More
EJ Insight2013-11-06
President Xi Jinping {習近平} said Tuesday during an official visit to Hunan province that the government will strive to speed up change in the economic development model, pointing out that success shoul ...More
EJ Insight2013-11-06
Premier Li Keqiang {李克強} said at a national conference on October 21 that government deficit has reached 2.1 percent of gross domestic product (GDP), edging near the 3 percent ceiling set out by the E ...More
EJ Insight2013-11-05
China's eastern provinces need to press on with industrial upgrades to become models for the rest of the country, Vice Premier Zhang Gaoli {張高麗} told local governments at an internal economic forum Mo ...More
EJ Insight2013-11-05
President Xi Jinping {習近平} wants construction of affordable homes speeded up and imbalances in allocating completed units tackled -- another sign the central government is getting impatient with the s ...More
EJ Insight2013-11-05
China's eastern provinces need to press on with industrial upgrades to become models for the rest of the country, Vice Premier Zhang Gaoli {張高麗} told local governments at an internal economic forum Mo ...More
EJ Insight2013-11-04
President Xi Jinping {習近平} said Saturday that China's door to the world will not close and that the nation's reform will not stop, Beijing News reported Sunday. Xi made the remarks as he met foreign d ...More
EJ Insight2013-11-04
When asked if he had any plans to diversify his business strategy, Vanke (000002.CN) chairman Wang Shi {王石} answered a categorical "no". "Wait until I die," he was famously quoted as saying.That was b ...More
EJ Insight2013-11-04
Land and Resources Minister Jiang Daming {姜大明} said the government will further encourage foreign enterprises to participate in the exploration of the country's resources, China News Service reported ...More
EJ Insight2013-11-04
A week before the Chinese Communist Party's 18th Central Committee kicks off its third plenum on Nov. 9, Premier Li Keqiang {李克強} said the country should figure out a "golden balance point" to ensure ...More
EJ Insight2013-11-04
Premier Li Keqiang {李克強} said local governments should reform their administrative procedures to help develop a fully functioning market economy. They should adopt a more straightforward approval proc ...More
EJ Insight2013-11-01
Alibaba Small and Micro Financial Services Group, the micro lending unit of e-commerce giant Alibaba Group Holding Ltd., will distribute a 40 percent stake to 23,810 employees of both companies throug ...More
EJ Insight2013-11-01
Billed as China's second wave of reform, the Chinese Communist Party's central committee is due to endorse a master plan of reform for the nation for the next ten years at a plenum next week as it see ...More
EJ Insight2013-11-01
Polysilicon maker GCL Poly Energy Holdings' (03800.HK) plan to invest in printed circuit board maker Same Time Holdings (00451.HK) clearly reflects the former's appetite for more downstream solar busi ...More
EJ Insight2013-11-01
China's state assets regulator said on Thursday that it will propose a long-awaited reform of state-owned enterprises (SOEs) after the upcoming third plenary session of the Communist Party's 18th Cent ...More
EJ Insight2013-11-01
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, Nov. 1: TOP STORIES Mainland firms raise record US$30.4 bln so far ...More
EJ Insight2013-11-01
The State-owned Assets Supervision and Administration Commission (SASAC) will propose a much awaited reform of state-owned enterprises (SOEs) after the third plenary session of the Communist Party of ...More
EJ Insight2013-10-31
A rising tide of Chinese regional commercial banks is rushing into Hong Kong to get their name on the main board. Among the keen new entrants is lesser-known Huishang Bank {徽商銀行} (03698.HK), which lau ...More
EJ Insight2013-10-31
Huishang Bank Corp. Ltd. chairman Li Hongming {李宏鳴} said Wednesday that the investment of China Vanke Co. Ltd. (000002.CN) in its Hong Kong initial public offering reflects the developer's confidence ...More
EJ Insight2013-10-30
President Xi Jinping {習近平} is pushing for faster development of public rental housing projects to ensure low-income families have a home, the official Xinhua news agency reported Wednesday. Xi, who is ...More
EJ Insight2013-10-30
